At present, local governments get only 40 percent of the country's budget, and the money comes just from internal revenue taxes.

Pimentel's bill enlarges the pie by tapping more sources of funds aside from collections of the Bureau of Internal Revenue. The money would then be divided equally between the national government and local government units.

Pimentel announced at a gathering of provincial board members on Friday that the Senate local government committee headed by Sen. Ferdinand Marcos Jr. is ready to endorse his bill on the floor in November.